HRC 1

DocuSign Envelope ID: D6927B72-0E16-4F9A-9AC3-938B7D0808B8
Internship Offer Letter
Dated: 2nd August, 2021
HighRadius Technologies Private Limited

Ektha Pearl, 4T Floor,
1st Lane White Fields,
BP Raju Marg,
Kondapur, Hyderabad, 500084
hereinafter referred to as “HighRadius”
AND
Siksha 'O' Anusandhan University

hereinafter referred to as “ITER”
AND
Name: Rashmi Rekha Kar

Location: Bhubaneswar
Roll Number: 1841016081
Graduation Year: 4th Year
enrolled as a student in the B.Tech Programme offered by ITER hereinafter referred to as “Candidate”
The above-named parties have agreed to the following:

1. Introduction:
The Highako program is an industry-institute partnership initiative of HighRadius for engineering
undergraduates. Candidates offered participation in this program shall be trained at the Centre of
Excellence established at KIIT's premises at Bhubaneshwar, and, based on the internship programme
for which such Candidates are eligible, shall be paid a fixed stipend for the duration of their
internship. Upon successful completion of their engineering qualification and satisfactory
performance during the training period, Highradius may, at its sole discretion, further employ these
candidates in accordance with HighRadius’ existing terms and conditions of employment. The
Highako program shall be considered by ITER for giving academic credit to the Candidates, in
accordance with the guidelines determined by HighRadius and ITER.
2. Terms of the Training Program conducted by HighRadius

2.1. HighRadius Internship Programme:
Highradius Technologies Private Limited,
4th floor, campus 3, KIIT, Bhubaneswar, Khordha, Odisha, 751024
www.highradius.com
1 Highly Confidential
7/30/2021
a. Term of Full Internship Programme

The Candidate shall commence the full internship on 02-08-2021 and shall be on training for a
period of 1 (one) year from the date of commencement of the paid internship at the Centre of
Excellence at KIIT’s premises at Bhubaneshwar.
2.2. Internship Work
a. The work timings during the training period, as set out in article 2.1 above, shall be from 9:30 a.m. to
6:30 p.m. on weekdays (Monday to Friday). Working days and times are subject to changes based
on the need and urgency of a project and HighRadius’ requirements, which shall be duly
communicated. The Candidate may be required to come to work during the weekend based upon
schedules of training, as per the availability of trainers.
b. During the internship, the Candidate shall be required to work on complex and specialized projects
for the clients of HighRadius. The Candidate understands and acknowledges that he/she is required
to receive training, which shall be imparted directly or indirectly by HighRadius to enhance his/her
skills, and also to be properly equipped with the necessary technical and practical training, without
which the Candidate cannot effectively perform his/her duties and responsibilities.
c. Towards this end, the Candidate will be required to work closely with a trainer who will guide the
Candidate and equip the Candidate to perform his/her duties and responsibilities effectively. During
the term of the internship, the Candidate shall follow the directions of the trainer.
d. Post the internship, HighRadius may at its sole discretion, make an offer of employment to the
Candidate, based on his/her performance and conduct both academically and during the
internship. In the event the Candidate accepts the offer of employment made by HighRadius, then
the Candidate and HighRadius shall execute a separate employment agreement which will (in
addition to HighRadius’ policies) govern his/her terms of employment. It is hereby clarified that prior
to being offered employment, the Candidate will be evaluated and assessed, amongst others
things, on his/her performance, communication skills, attitude to work, satisfactory references and
background checks.
e. HighRadius reserves its right to decide the place and kind of training to be imparted to the
Candidate.
3. Compensation and Other Benefits
3.1. During the full internship, the Candidate shall be entitled to a monthly stipend of Rs. 14,500/- per month
(which is inclusive of Rs.500 towards entertainment allowance) subject to TDS, and other statutory
deductions. The stipend shall be paid in accordance with HighRadius’ policies.
3.2. The Candidate shall be entitled to 1 (one) day of leave per month on use it or lose it basis. However, the
management of HighRadius shall review any specific requirement of leave for emergency, medical or
other necessity.
3.3. The Candidate will not be entitled to any benefits and/or payments from HighRadius, except as
specifically mentioned herein.
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7/30/2021
4. Performance during training period
The Candidate will be evaluated on his/her work performance based on assessment & interim reviews
and other factors determined by HighRadius. Satisfactory performance during the training is
necessary for the Candidate's participation in the internship program being considered successful.
Upon successfully completing the internship, the Candidate will be given a certificate of completion
by HighRadius.
5. Code of Conduct
5.1. During the internship, the Candidate shall:

a. maintain discipline, confidentiality, be punctual and follow the non-disclosure norms, not disparage
HighRadius and serve honestly, faithfully, diligently and efficiently for the growth of HighRadius;
b. conduct himself/herself in consonance with the Policies & Guidelines and the Code of Conduct of
HighRadius, as in force from time to time;
c. carry out the instruction in letter & spirit given by his/her superiors and not disobey any instructions
given nor rebuke or use offensive language;
d. not indulge in any unethical practices like “go slow” or non-cooperation etc.;
e. apply and maintain the highest standards of professional and personal conduct and integrity;
f. in case of illness and absence on account of the same, the Candidate shall immediately inform the
trainer and HighRadius; and
g. Code of conduct of University will be applicable apart from the conduct called out here.
h. in case the Candidate wishes to take a leave for any reason other than illness, then the Candidate
shall make an application for the same to HighRadius at lease 15 (fifteen) days prior to the date on
which the Candidate wishes to take a leave.
5.2 Prevention of Sexual Harassment at work place:
The Company will have zero tolerance towards sexual harassment, if engaged in by Interns:
The workplace includes, but is not limited to:
a) All offices, University or other premises where the Company’s business is conducted.
b) All company-related activities performed at any other site away from the Company’s premises,
including
transportation provided to undertake such journey.
c) Any social, business or other functions where the conduct or comments may have an adverse
impact on
the workplace or workplace relations.
Sexual Harassment at the workplace includes:
1. unwelcome sexual advances (verbal, written or physical),
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2. demand or request for sexual favours,

3. showing pornography,
4. any other type of sexually-oriented conduct,
5. verbal abuse or ‘joking’ that is sex-oriented,
6. Implied or explicit promise of preferential treatment in employment,
7 implied or explicit threat of detrimental treatment in employment,
8 implied or explicit threat about present or future employment status,
9 interference with work,
10 creating an intimidating or offensive or hostile work environment,
11 humiliating treatment likely to affect an individual’s health or safety.
Note: If any of the interns are found to be involved in violation of code of conduct or sexual harassment as
stated above or anything which implies so, it would result in termination with immediate effect.
6. Confidential Information and Non-Disclosure
6.1. The Candidate is aware that, during the course of his/her internship with HighRadius, information related
to HighRadius or its client may be disclosed to him/her and all such information in relation to this letter,
including, without limitation, information relating to HighRadius’ or it clients’ products and services or to
its research and development projects or plans, information relating to HighRadius’ or it clients’ business,
marketing and sales plans, strategies, operations, finances, plans or opportunities, including the identity
of, or particulars about HighRadius’ or it clients’ employees, contractors, customers or suppliers,
information not limited to technology, tools, processes, methods, business, data, pricing methods,
software code, vendor and customer information and lists, employee lists, data handling methodology
and processes, and research processes and strategies, business process and any other information
related to any project information marked or otherwise identified as confidential, restricted, secret, or
proprietary, including information acquired by inspection or oral or visual disclosure or disclosure
through electronic media, any other information disclosed under circumstances in which a reasonable
person would understand that such information is confidential and proprietary to the disclosing party
(“Confidential Information”).
6.2. In addition to this, Confidential Information shall also include all the work created and/or all the services
provided by the Candidate during the course of the internship, and/or any part thereof, the affairs of
HighRadius, its subsidiaries, its affiliates and/or its parent company and any and all information, whether
written or oral, which directly or indirectly relates to internal controls, computer or data processing
programs, algorithms, electronic data processing applications, techniques or systems, or information
concerning the business or financial affairs and methods of operation or proposed methods of
operation, accounts transactions, proposed transactions, security procedures, trade secrets, research
and development activities, know-how, or inventions of HighRadius and/or its subsidiaries, affiliates,
associated companies, parent company or any client, agent, contractor or vendor, or any other
information that comes to the Candidate’s knowledge by reasons of his/her internship with HighRadius.

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HighRadius may disclose its own Confidential Information as well as that of its affiliated companies to
the Candidate and the Candidate may also be privy to information pertaining to the clients of
HighRadius. All such information shall be protected under this Article 6.
6.3. Confidential Information is the sole and exclusive property of HighRadius or its client and shall be used
only as expressly permitted in this letter and for the purposes of creating work and/or providing services
to HighRadius or its clients. Confidential Information shall not be disclosed or revealed by the Candidate
to any third party at any time, even post completion of the internship, without the prior express written
consent of HighRadius.
6.4. The Candidate is aware that, during the course of his/her internship with HighRadius, Confidential
Information, as defined above, related to HighRadius or its Client would be disclosed to him. The
Candidate agrees that:
a. any Confidential Information, including but not limited to, written, audio, electronic or visual
embodiments thereof, is the property of HighRadius and/or its client and is to be held by him/her in
trust solely for the benefit of HighRadius and shall not be used or copied for purposes not specifically
provided herein or disclosed to others at any time;
b. all original material, including programs, disks, cards, decks, tapes, listings, including notes, extracts,
copies, summaries or other reproductions of any kind and other programming documentation
originated and prepared for or by HighRadius or its client is material deemed to contain
Confidential Information;
c. he/she shall undertake to protect the Confidential Information disclosed to him/her, using the same
degree of care as the Candidate uses to protect his/her own comparable confidential and
proprietary information to prevent its unauthorized use, disclosure, dissemination or publication, but
no less than a reasonable degree of care;
d. he/she may disclose Confidential Information only to authorized persons who have a need to know
and are bound by obligations of confidentiality;
e. any permitted reproduction of Confidential Information shall contain all confidential or proprietary
legends which appear on the original;
f. upon the termination of his/her services with HighRadius or at the request of HighRadius, whichever is
earlier, the Candidate shall return to HighRadius all documents and property of HighRadius or its
client, including but not limited to: laptops, drawings, blueprints, reports, manuals, correspondence,
customer lists, computer programs, and all other materials and all copies thereof relating in any way
to HighRadius’ or its clients’ business, or in any way obtained by him/her during the course of the
internship. The Candidate further agrees that he/she shall not retain any copies, notes or abstracts
of the foregoing;
g. he/she shall not during or any time after the termination of his/her services with HighRadius, use for
himself/herself or others, or disclose or divulge to others any trade secrets, Confidential Information,
or any other proprietary data of HighRadius in violation of the confidentiality obligations under this
letter; and
h. he/she shall promptly advise HighRadius in writing of any unauthorized use or disclosure of
Confidential Information of which the Candidate becomes aware and shall provide reasonable
assistance to HighRadius to bring about the cessation of such unauthorized use or disclosure.
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6.5. Breach of this Article 6 shall be treated as a gross violation of the terms stipulated herein and may be
treated as serious offense resulting in prosecution, in addition to the Candidate’s services being liable to
be terminated forthwith.
6.6. In the event that disclosure of any Confidential Information is required under any applicable laws or at
the direction or in accordance with any order of any governmental authority or of any court of
competent jurisdiction, the Candidate shall, upon becoming aware of such requirement, direction or
order, promptly inform HighRadius of the same.
7. Ownership of Intellectual Property:
7.1. The Candidate agrees and acknowledges that all the intellectual property rights in any form of work
done or services provided by the Candidate during the internship, or any part thereof, will at all times
belong to HighRadius. The Candidate agrees that all the work created and all the services provided by
him/her during the course of the internships, and any part thereof, shall be deemed to be ‘work for hire’
at the instance of HighRadius in accordance with the Copyright Act, 1957.
7.2. The Candidate hereby agrees and acknowledges that neither by virtue of any provisions contained
herein nor by participation in the internship programme shall the Candidate obtain any rights of any
kind whatsoever over any work created and/or all the services provided by him/her during the course
of the internship. The Candidate agrees that he/she shall not lay any claim over any work created
and/or all the services provided by him/her during the course of the internship.
7.3. The Candidate shall sign all documents related to his/her internship, including: (a) non-disclosure
agreements, (b) agreements for assignment of intellectual property rights in work created and/or all the
services provided by the Candidate during the course of his/her internship, and/or any part thereof, (c)
consent forms, (iv) release letters, (d) letters appointing HighRadius as his/her attorney and
representative, (e) any other documents, as may be required to perfect the title of HighRadius over
intellectual property rights in work created and/or all the services provided by the Candidate during the
course of the internships, and/or any part thereof. In the event HighRadius does not get ownership or
any other right over the work created and/ or all the services provided by the Candidate during the
course of the internship, and/or any part thereof, by virtue of this provision, then the Candidate shall
sign such documents as may be required to assign all rights over the work created and/or all the
services provided by the Candidate during the course of the internship and any part thereof to
HighRadius. The Candidate shall waive all moral rights in the work created and/or all the services
provided by him/her during the course of the internship, and/or any part thereof.
7.4. The Candidate shall not use any of the intellectual property rights in the work created and/or all the
services provided by him/her during the course of the internship, and/or any part thereof for his/her own
gain. Further, the Candidate shall not disclose any intellectual property rights in the work created
and/or the services provided by him/her during the course of the internship, and/or any part thereof to
any third party and shall be bound by the provisions of Article 7 of this letter.
7.5. The Candidate shall immediately return to HighRadius any and all of the intellectual property of
HighRadius in his/her possession or under his/her control upon termination of the internship. Without the
prior written consent of HighRadius, the Candidate shall not retain any copies or records of the
intellectual property of HighRadius.
www.highradius.com
7/30/2021
8. Restrictive Covenants
8.1. Non-Disparagement.
8.1.1. At all times during the Candidate’s internship, and upon and at all times following the cessation of
the internship for any reason whatsoever, the Candidate, whether for his/her own benefit or the
benefit of any other person or entity, shall refrain from making any adverse communications,
disseminations or statements, whether in writing or oral or any other form (including electronic, mail
or online disseminations or statements), directly or indirectly, which the Candidate knows or
reasonably should know to be disparaging, negative or capable of causing harm to the reputation
of HighRadius and/or any of its affiliates, subsidiaries or its parent company or employees or the
business endeavours of the HighRadius and/or any of its affiliates, subsidiaries or its parent company.
8.1.2. The Candidate shall also refrain from suggesting or urging anyone to make any adverse
communications, disseminations or statements, whether in writing or oral or any other form
whatsoever, concerning HighRadius or any of its affiliates or subsidiaries or its parent company or
employees or the business endeavours of HighRadius or any of its affiliates or subsidiaries or its
parent company.
8.2. Non-compete.
During the internship and for a period of one year following the termination of the internship for any
reason whatsoever, the Candidate shall not, directly or indirectly, individually or in combination or
association with any other person or entity, whether as an officer, director, employee, shareholder,
member, partner, joint venture, sole proprietor, agent, independent contractor, consultant, advisor or
otherwise, whether or not for pecuniary benefit, engage in or own (in whole or in part), manage, loan
money to, operate or otherwise carry on any business which competes with the business of the
HighRadius.
8.3. Non-Solicitation of Clients and Prospects

During the internship and for a period of one year following the termination of the internship for any
reason whatsoever, the Candidate shall not, directly or indirectly, for his own benefit or the benefit of
any third party (a) hire or contract for the services of any employee of HighRadius, (b) call upon any of
HighRadius’ clients for the purpose of soliciting, selling, or both, any product or service that can or may
be used in substitution for or replacement of services or products offered by HighRadius, (c) solicit or
have any discussion with HighRadius’ clients or any employee of HighRadius concerning any
assignment or independent contracting with any other entity, and/or (d) induce or attempt to influence
HighRadius’ clients or any employee or any other person working for HighRadius to terminate any
assignment or other contractual arrangement with HighRadius.
8.4. Social Media and Use of HighRadius Name/Logo

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During the internship, and upon and at all times following the cessation of the internship for any reason
whatsoever, without the prior written consent of HighRadius, the Candidate shall not make use of or
otherwise mention HighRadius’ name or logo on any social media platform in connection with the
Candidate’s internship, including but not limited to LinkedIn, Facebook, Instagram, or Youtube.
8.5. The provisions of this Article 8 shall continue to operate and apply after the termination of the
Candidate’s internship without limit in time.
9. Data Protection
9.1. The Candidate consents to HighRadius collecting, recording, holding, processing and sharing and
transferring to associated companies (whether in India or outside) the information pertaining to him/her
for the purposes of the internship programme and possible employment of the Candidate.
9.2. HighRadius hereby agrees and acknowledges that it shall use the abovementioned information for the
sole purpose stipulated in this letter. HighRadius undertakes that the above-mentioned information shall
not be used by it for any other purposes without the prior consent of the Candidate.
9.3. Notwithstanding the above, HighRadius may share information pertaining to the Candidate with
governmental authorities mandated under the law to obtain information for the purpose of verification
of identity, or for prevention, detection, investigations of any cyber incidents, prosecutions, punishment
of offences, etc. It is further clarified that HighRadius may also disclose the information pertaining to the
Candidate to any third party pursuant to applicable law or an order passed by a governmental
authority.
9.4. The Candidate undertakes to inform HighRadius of any change in the information pertaining to the
Candidate within five (5) working days of such change taking place.
9.5. Violation of any of the clause called out would be liable for legal course of action.
10. Representations of the Candidate
10.1. The Candidate represents to HighRadius that:

a. all information and documents furnished by the Candidate in support of his/her educational
qualifications and professional experience are correct and true;
b. the Candidate has never been convicted of any offence;
c. the Candidate has never, at any time in the past, been found guilty of moral turpitude nor
convicted by any court of law; and
d. the Candidate will be governed by HighRadius’ code of conduct and policies and if there is any
breach committed, or non-performance of contractual obligations on the part of the Candidate,
including but not limited to the obligations relating to confidentiality, compliance with HighRadius’
policies, unethical or unprofessional conduct, his/her services may be terminated by HighRadius
immediately and without any notice or payment in lieu of notice, notwithstanding any other terms

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and conditions stipulated herein. HighRadius further reserves its right to invoke other legal remedies
as it deems fit, to protect its legitimate interests.
11. Indemnity
11.1. The Candidate agrees to indemnify and at all time keep HighRadius, and/or its affiliates and/or its
subsidiaries and/or its parent company, fully indemnified from and against all actions, proceedings,
claims, demands, infringements, costs and damages (including reasonable attorney’s fees) suffered by
HighRadius on account of or in connection with the internship or any breach of the terms of this letter.
11.2. The Candidate hereby agrees to indemnify, defend, save and hold harmless HighRadius, its affiliates,
subsidiaries and/or its parent company from and against all claims, losses, damages, fees, including
without limitation reasonable attorneys’ fees, costs and expenses (including reasonable attorneys’ fees,
costs and expenses incurred in establishing HighRadius’ right to indemnity hereunder) incurred by or on
behalf of HighRadius arising out of or in connection with any infringement or alleged infringement of the
intellectual property rights owned by HighRadius over the work created and/or all the services provided
by the Candidate during the course of the internship.
11.3. The maximum aggregate amount of monetary damages for which the Candidate may be liable to
HighRadius, resulting from any cause whatsoever, shall be limited to the actual damages suffered by
HighRadius. In no event shall the Candidate be liable to HighRadius for any indirect, punitive, special,
incidental, consequential, or equitable damages, including but not limited to, loss of income, profits or
savings (whether under contract, strict liability, or tort, including negligence) arising out of or in
connection with the internship or this letter.
11.4. The limitation under Article 11.3 shall not apply to any loss arising on account of (a) fraud on part of the
Candidate, (b) willful negligence on part of the Candidate, (c) willful misrepresentation on part of the
Candidate, and/or (d) loss, damage, expenses or claims for infringement arising on account of misuse
of intellectual property rights in the work created and/or all the services provided by the Candidate
during the course of the internship.
11.5. In the event the Candidate is unable to indemnify, or unable to fully indemnify HighRadius, then ITER, to
the extent that HighRadius is not indemnified by the Candidate, shall indemnify HighRadius.
12. Termination
12.1. This letter shall expire on the last day of the internship period, as set out in Article 2.1 above.
12.2. This letter may be terminated through mutual approval of the parties.
12.3. This letter may be terminated by providing a written notice of 10 (ten) days, if:
a. after consultation with the Candidate, ITER is convinced that HighRadius does not fulfill or
insufficiently fulfills its duties arising out of or in relation to the internship;
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b. such circumstances arise that it cannot reasonable be demanded of the Candidate or ITER to
continue his/her internship;
c. during the internship, the Candidate’s performance or conduct is not up to required standards,
then HighRadius may choose to terminate his/her internship with HighRadius after giving 10 (ten)
days’ notice or payment of stipend in lieu of the notice period along with taxes as applicable;
d. during the internship, the Candidate breaches any of his/her contractual obligations, or fails to
perform his/her contractual obligation, including but not limited to the obligations in relation to
confidentiality, non-disparagement, compliance with HighRadius’ policies, or acts in an unethical or
unprofessional manner, his/her services may be terminated forthwith without any notice or payment
in lieu of notice. HighRadius further reserves its right to invoke other legal remedies as it deems fit, to
protect its legitimate interests.
12.4. Notwithstanding the above, HighRadius reserves the right to terminate, forthwith, the internship, if the
Candidate is found to have absented himself/herself for 5 (five) days without prior permission,
misbehaved, committed financial irregularity, has acted in a manner inconsistent with the Policies of
HighRadius and/or in a manner prejudicial or harmful to the interest of HighRadius.
13. Notices
All communications between the parties hereto shall be deemed to have been effectively served if
addressed to the respective addressee, i.e. the Candidate, ITER, HighRadius, respectively, at the address
mentioned on the first page of this letter. Any change in the addresses shall be intimated to the other
Party within a period of 7 (seven) days of such change and in the absence of such intimation, the
addresses mentioned on the first page of this letter shall be deemed to be the addresses of the
concerned Parties.
14. Successors and Assigns

This letter shall be binding on the successors and permitted assigns of HighRadius and shall insure to
the benefit of and be enforceable by and against its successors and permitted assigns. This letter is
personal in nature and the Candidate cannot assign this letter. The Candidate however agrees that
HighRadius may assign all rights under the letter along with the sale of all or substantially all of the
assets of the business, or merger, or a change of control.
15. Severability
If any one or more of the provisions of this letter shall be invalid, illegal, or unenforceable in any
respect, the validity, legality and enforceability of the remaining provisions contained herein shall not
in any way be affected or impaired thereby. There shall be substituted for any such provision held
invalid, illegal or unenforceable, a provision of similar import reflecting the original intent of the parties
hereto to the extent permissible under law.
16. Dispute Resolution
Any dispute arising out of or in relation to this letter between the Candidate and HighRadius shall be
resolved amicably between the parties hereto.

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17. Governing Law and Jurisdiction

It is hereby agreed between the parties hereto that this letter shall be governed by, construed in
accordance with and interpreted under and consistent with the laws of India without regard to the
choice of law provisions thereof. Subject to article 16 above, in the event of any claim or liability arising
out of the terms and conditions contained herein, the Courts at Hyderabad, Telangana shall have
jurisdiction to the exclusion of all the other courts.
On behalf of the parties, signed in triplicate by
HighRadius Technologies Siksha 'O' Anusandhan University Candidate

Private Limited
Signature: Signature: Signature:
Name: Name: Name:

Neha Srivastava Ripti Dash Rashmi Rekha Kar
Date: 8/8/2021 Date: 7/30/2021 Date: 7/30/2021

www.highradius.com
7/30/2021

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DocuSign Envelope ID: D6927B72-0E16-4F9A-9AC3-938B7D0808B8

Internship Offer Letter

Dated: 2nd August, 2021

HighRadius Technologies Private Limited

Siksha 'O' Anusandhan University

Name: Rashmi Rekha Kar

The above-named parties have agreed to the following:

2. Terms of the Training Program conducted by HighRadius

a. Term of Full Internship Programme

3. Compensation and Other Benefits

4. Performance during training period

5.1. During the internship, the Candidate shall:

2. demand or request for sexual favours,

6. Confidential Information and Non-Disclosure

Highradius Technologies Private Limited,

7. Ownership of Intellectual Property:

8.3. Non-Solicitation of Clients and Prospects

8.4. Social Media and Use of HighRadius Name/Logo

Highradius Technologies Private Limited,

10. Representations of the Candidate

10.1. The Candidate represents to HighRadius that:

Highradius Technologies Private Limited,

14. Successors and Assigns

Highradius Technologies Private Limited,

17. Governing Law and Jurisdiction

HighRadius Technologies Siksha 'O' Anusandhan University Candidate

Signature: Signature: Signature:

Name: Name: Name:

Date: 8/8/2021 Date: 7/30/2021 Date: 7/30/2021

Highradius Technologies Private Limited,

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